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Homework answers / question archive / Which of the following balance sheet items generally takes the longest time to convert to cash? Question options:   marketable securities   accounts payable   inventory   accounts receivable

Which of the following balance sheet items generally takes the longest time to convert to cash? Question options:   marketable securities   accounts payable   inventory   accounts receivable

Finance

Which of the following balance sheet items generally takes the longest time to convert to cash?

Question options:

 

marketable securities

 

accounts payable

 

inventory

 

accounts receivable

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Marketable securities are the most liquid.

Then comes accounts receivable and accounts payable in liquidity

Then inventory

so inventory take sthe longest time to convert to cash

Answer : Inventory